Forbes contributors publish independent expert analyses and insights. Melissa Houston covers financial issues that affect women in business. How often do you read the profit and loss statement for ...

Every company produces three important financial reporting documents when the fiscal period comes to a close: the balance sheet, cash flow statement, and the profit and loss statement. Among these, ...

A profit and loss statement summarizes a business’s revenue and expenses. Learn how to use a profit and loss statement to ...

What Is a Profit and Loss (P&L) Statement? Your email has been sent Learn how profit and loss (P&L) statements are used and why they are important for businesses in this comprehensive guide. A profit ...

Accumulate all expense and revenue records throughout the month and turn them into a profit-and-loss statement, also called a financial statement or a statement of earnings. Gather carrier settlement ...

If you own your own business or manage one for someone else, you can learn how your business performed in a given period by reviewing your company's financial statements. If you use the accrual method ...

Income statements, or profit and loss statements, are often confused with profit and loss budgets. Although both statements are about profitability measurement, each is entirely different from the ...

Mike Anderson says labor gross profit only makes sense when shops understand how employee costs are reflected in their P&L.